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Monday, July 22, 2013

Detroit, the new Greece: Paul Krugman


Detroit, the new Greece: Paul Krugman
Economic Times
As you may recall, a few years ago Greece plunged into fiscal crisis. This was a bad thing but should have had limited effects on the rest of the world; the Greek economy is, after all, quite small (actually, about 1 1/2 times as big as the economy of ...


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